AM ALPHA has made significant progress in developing 196 Deansgate in Manchester, which it acquired in the summer of 2023. The property has been significantly improved through strategic asset management and tailored refurbishment, creating added value for both investment partners and the local community.
One significant success is the lease signed with the well-known restaurant chain Flat Iron, which opened a new restaurant at 196 Deansgate at the beginning of July. The new restaurant, known throughout the UK for its first-class steaks and trendy ambience, will undoubtedly become a hotspot in the Manchester food scene and will contribute significantly to the local area.
In addition, SimpliSafe Limited, a leading manufacturer of smart home security systems, and engineering firm Harley Haddow have leased over 743m2 of office space on the first and second floors of the building. These lettings demonstrate that the refurbishment strategy of providing fitted and furbished office space is resonating with occupiers, and 196 Deansgate is the ideal home for these tenants to continue to grow.
Since acquiring the property, AM ALPHA has also refurbished a 464m2 office space on the 4th floor. This high-quality office space has been fitted out and furnished to an excellent standard and is available for tenants as a ‘plug and play’ opportunity.
The property is located near Spinningfields in the heart of Manchester and is part of the Deansgate/Peter Street Conservation Area. The Edwardian-style building is 5,852m2 and sits within the lively Deansgate part of Manchester, offering excellent public transport links and numerous retail and catering outlets.
Image provided by AM ALFA.
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